US set to sanction crypto wallets and exchanges in ransomware crackdown
The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.
Digital currency compliance platform Coinfirm hits Series A close on $8m
Coinfirm, an AML compliance solution for digital currencies and blockchain-based financial ecosystems, has closed its Series A funding round on $8m.
Ketch secures fresh investment just months after former round
Ketch, which automates data compliance for businesses, has reportedly closed another $20m in funding, just months after former investment.
XTransfer eyes upgrade following $138m Series D funding haul
Financial and risk management services provider XTransfer has raised $138m from a Series D funding round led by D1 Capital Partners.
The FCA to boost confidence in consumers around investing, with new regulation likely
The UK’s Financial Conduct Authority (FCA) has issued a new strategy that is designed to improve the confidence consumers have to invest, with more regulations likely.
FCA and TRP issue discussion paper on improving value for money in pensions
The UK’s Financial Conduct Authority (FCA) and The Pensions Regulator (TRP) have issued a joint discussion paper based around building a common framework for measuring value for money (VPM) in defined contribution pension schemes.
Hong Kong’s SFC unveils consultation conclusion on AML/CFT guideline amendments
Hong Kong’s Securities and Futures Commission (SFC) has published the conclusion of a consultation to amend its anti-money laundering and counter terrorism financing guidelines.
Relyance AI launches out of stealth following funding round close
Relyance AI has launched out of stealth as it hopes to help businesses improve the transparency and visibility of their data to ensure compliance is being met.
Bank of England issues letter to banks on regulatory reporting shortfalls
The Bank of England (BofE) has sent a warning letter to banks and building societies for not supplying correct information to help regulators identify risks to the financial system.
Data privacy startup Private AI closes an over-subscribed seed round
Private AI, which has created privacy-preserving machine learning and natural language processing technology, has closed its seed round on $3.15m.
